Home / Browse projects / Mumbai Suburban, Maharashtra / AJMERA ICONIC
AJMERA ICONIC
By M K GROUP
RG-MH-46765 · RERA P51800013436 · Last updated on MahaRERA portal: 26 Aug 2026
Source: official MahaRERA filing
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Red flags
- Litigation declared, 1 case
- 1 complaint at MahaRERA
Clear
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
2 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
See what the report covers Free either way: or have every new Mumbai Suburban registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
AJMERA ICONIC is a Residential / Group Housing project by M K GROUP in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800013436 on 5 Oct 2017. Possession is promised by 30 Dec 2031. 32 of the 98 units on this registration are recorded sold or booked, and 1 of 11 construction stages are filed complete. 1 complaint is on record with the regulator.
At a glance
Project
- NameAJMERA ICONIC
- TypeResidential / Group Housing
- Location
- Near Terapant Bhavan
- Borivali
- Mumbai Suburban
- 400101
- Pincode400101
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800013436
- ReraGenie IDRG-MH-46765
Builder
- NameM K GROUP
- Entity typePartnership
- PartnerJITEN KISHORE AJMERA
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on5 Oct 2017
- Promised completion30 Dec 2031
- Revised completionNone
- Buildings1 building record
- Documents filed79 files
Current status
Figures as on 26 Aug 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BLDG NO2 | NA | 55 | 55 | 98 | 0 | 98 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building1
As on 26 Aug 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
1 of 11 construction stages are filed complete. The stage furthest along is Excavation, at 80%.
BLDG NO2: 33% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 80% |
| Basement (if any) | 0% |
| Podiums (if any) | 50% |
| Plinth | 100% |
| Stilt Floor | 60% |
| Slabs of Super Structure | 45% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 30% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Progress on shared amenities15
As on 26 Aug 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 90% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed46
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
Land and ownership
Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| BLDG NO2 | NA | Rs 123.98 cr | Rs 52.06 cr |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | AAKAR ARCHITECTS and CONSULTANTS |
| Engineer | JW CONSULTANTS LLP |
| Engineer | Rakesh Kumar Singh |
| Chartered Accountant | Kailas Shinare |
| Chartered Accountant | Dhirajlal Shamji Madhvani |
| Partner | Role in project |
|---|---|
| M K GROUP | - |
Litigation declared1
| Case | Court | Status |
|---|---|---|
| 1799/2011 | High Court of Mumbai | Ongoing |
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC006000000344176 | Rahul De | M/S. M.K. Group | 16/02/2023 |
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 31 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 30 Jul 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 30 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 6 Apr 2018Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 30 Dec 2031
Documents filed79
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Form 2A (FY 2017-2018)File: Form 2A - 2017-2018.pdf | 26 Aug 2026 |
| Form 2A (FY 2018-2019)File: Form 2A - 2018-2019.pdf | 26 Aug 2026 |
| Form 2A (FY 2019-2020)File: Form 2A - 2019-2020.pdf | 26 Aug 2026 |
| Form 2A (FY 2020-2021)File: Form 2A - 2020-2021.pdf | 26 Aug 2026 |
| Form 2A (FY 2021-2022)File: Form 2A - 2021-2022.pdf | 26 Aug 2026 |
| Form 2A (FY 2022-2023)File: Form 2A - 2022-2023.pdf | 26 Aug 2026 |
| Form 2A (FY 2023-2024)File: Form 2A - 2023-2024.pdf | 26 Aug 2026 |
| Form 2A (FY 2024-2025)File: Form 2A - 2024-2025.pdf | 26 Aug 2026 |
| Form 2A (FY 2025-2026)File: Form 2A - 2025-2026.pdf | 26 Aug 2026 |
| Withdrawal Update Form 1File: Form - 1 Architect Certificate 01042025 to 30062025.pdf | 11 Aug 2026 |
| Withdrawal Update Form 1File: Form - 1 Architect Certificate 01072025 to 30092025.pdf | 11 Aug 2026 |
| Withdrawal Update Form 1File: Form - 1 Architect Certificate 01102025 to 31122025.pdf | 11 Aug 2026 |
| Withdrawal Update Form 1File: Form - 1 Architect Certificate 01012026 to 31032026.pdf | 11 Aug 2026 |
| Withdrawal Update Form 1File: Form - 1 Architect Certificate 01042026 to 30062026.pdf | 11 Aug 2026 |
| Withdrawal Update Form 2File: Form 2 01042025 to 30062025.pdf | 11 Aug 2026 |
| Withdrawal Update Form 2File: Form 2 01042025 to 30062025.pdf | 11 Aug 2026 |
| Withdrawal Update Form 2File: Form 2 - 01102025 to 31122025.pdf | 11 Aug 2026 |
| Withdrawal Update Form 2File: Form 2 - 01012026 to 31032026.pdf | 11 Aug 2026 |
| Withdrawal Update Form 2File: From 2 - 01042026 to 30062026.pdf | 11 Aug 2026 |
| Withdrawal Update Form 3File: Form 3 - 01042025 to 30062025.pdf | 11 Aug 2026 |
| Withdrawal Update Form 3File: Form 3 - 01072025 to 30092025.pdf | 11 Aug 2026 |
| Withdrawal Update Form 3File: Form 3 - 01072025 to 30092025.pdf | 11 Aug 2026 |
| Withdrawal Update Form 3File: Form 3 - 01012026 to 31032026.pdf | 11 Aug 2026 |
| Withdrawal Update Form 3File: Form 3 - 01042026 to 30062026.pdf | 11 Aug 2026 |
| Withdrawal Update Form 1File: Form 1 Architect Certificate.pdf | 7 Jul 2026 |
| Withdrawal Update Form 2File: Form 2.pdf | 7 Jul 2026 |
| Withdrawal Update Form 3File: Form3.pdf | 7 Jul 2026 |
| OtherFile: work status - M K Group.pdf | 14 Jan 2025 |
| OtherFile: M K Group.pdf | 27 Nov 2024 |
| OtherFile: Work Status - MKGroup.pdf | 8 Aug 2024 |
| OtherFile: Form 1 Ajmera Manor.pdf | 9 May 2024 |
| OtherFile: Form 1 M K Group.pdf | 9 May 2024 |
| OtherFile: Works Status M K Group.pdf | 25 Jan 2024 |
| OtherFile: Work Status.pdf | 10 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: M K GROUP.pdf | 5 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: M K GROUP.pdf | 5 Oct 2023 |
| OtherFile: Work Status M K Group.pdf | 10 Jul 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 FY 2020-21.pdf | 15 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 5.pdf | 11 Apr 2023 |
| OtherFile: Work Status.pdf | 5 Apr 2023 |
| OtherFile: Work Status.pdf | 10 Jan 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5.pdf | 10 Nov 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5.pdf | 2 Nov 2022 |
| OtherFile: Work Status.pdf | 12 Oct 2022 |
| OtherFile: Work status.pdf | 19 Jul 2022 |
| OtherFile: Work Status Ajmera Iconic.pdf | 27 Apr 2022 |
| Details of Restarting of Construction work post lockdownFile: iconic.pdf | 11 Mar 2022 |
| Certificates of CA (Form 3)File: Form 3 - Ajmera Iconic Oct 2021.pdf | 30 Oct 2021 |
| Details of Restarting of Construction work post lockdownFile: Ajmera Iconic Work Status Oct 2021.pdf | 30 Oct 2021 |
| Details of Restarting of Construction work post lockdownFile: Ajmera Iconic.pdf | 5 Apr 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Annual Report Ajmera Iconic.pdf | 24 Feb 2021 |
| Details of Restarting of Construction work post lockdownFile: Ajmera Iconic work status.pdf | 16 Jan 2021 |
| OtherFile: Status of work p.pdf | 19 Nov 2020 |
| OtherFile: Work Status.pdf | 17 Jul 2020 |
| OtherFile: Status of Work.pdf | 18 Jan 2020 |
| OtherFile: Form 5.pdf | 14 Nov 2019 |
| OtherFile: 09102019 Status of Work.pdf | 14 Oct 2019 |
| OtherFile: 12062019 Status of Work.pdf | 13 Jun 2019 |
| OtherFile: 28032019 Status of Work.pdf | 24 May 2019 |
| Certificates of CA (Form 5)File: Form 5.pdf | 8 Feb 2019 |
| OtherFile: 31122018 Status of Work.pdf | 10 Jan 2019 |
| OtherFile: 12102018 Status of Work.pdf | 15 Oct 2018 |
| OtherFile: 09072018 Status of Project.pdf | 12 Jul 2018 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 6 Apr 2018 |
| OtherFile: Status of Project.pdf | 5 Apr 2018 |
| OtherFile: Ajmera Iconic Status of Work.pdf | 15 Jan 2018 |
| PAN CardFile: Pan Card.pdf | 31 Jul 2017 |
| Copy of the legal title reportFile: Title Report II.pdf | 31 Jul 2017 |
| Layout approvalFile: Layout.pdf | 30 Jul 2017 |
| Building plan approvalFile: IOD.pdf | 30 Jul 2017 |
| Copy of the legal title reportFile: Title Report.pdf | 30 Jul 2017 |
| Details of encumbrancesFile: Declaration.pdf | 30 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Layout.pdf | 30 Jul 2017 |
| Building Plan Approval (IOD)File: IOD.pdf | 30 Jul 2017 |
| Declaration in FORM BFile: Form B Ajmera Iconic.pdf | 30 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate - Ajmera Iconic.pdf | 30 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate - Ajmera Iconic.pdf | 30 Jul 2017 |
| Certificates of CA (Form 3)File: CA Certificate.pdf | 30 Jul 2017 |
| Proforma of Allotment letterFile: Declaration for Agreement.pdf | 30 Jul 2017 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
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- All 79 filed documents as one ZIP, foldered, with a manifest
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Project watch
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- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
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Builder: M K GROUP
M K GROUP has 1 registration on MahaRERA, including AJMERA ICONIC. Its filings disclose no earlier MahaRERA projects. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What are my rights if AJMERA ICONIC is delayed beyond 30 Dec 2031?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of AJMERA ICONIC?
The registered promoter entity is M K GROUP, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in AJMERA ICONIC?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How do I read the complaint cases filed against AJMERA ICONIC?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for AJMERA ICONIC?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at AJMERA ICONIC?
The professionals named in the filing: Architect: AAKAR ARCHITECTS and CONSULTANTS; Engineer: JW CONSULTANTS LLP; Engineer: Rakesh Kumar Singh; Chartered Accountant: Kailas Shinare; Chartered Accountant: Dhirajlal Shamji Madhvani. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in AJMERA ICONIC?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; how the declared litigation on this registration affects your risk; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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